SRE Matrix — the hybrid brokerage that’s raised $200 million — has launched a mortgage brokerage licensed in Hawaii, California and Arizona. The new venture is designed to take the low-fee real estate brokerage a step closer to becoming a “one-stop shop for homebuyers” — a goal shared by some other prominent real estate companies that are pushing into the mortgage […]
The National Association of Realtors (NAR) released its latest Metropolitan Median Area Prices and Affordability report, which boasted the best quarterly sales pace in nearly a decade. The median existing single-family price increased in 152 out of 178 measured markets, and only 25 markets reported lower median prices compared to Q1 2016. Furthermore, 30 metro areas […]
Bob Goldberg Editor’s note: Inman has learned who two of the finalists are in the running to be the next National Association of Realtors (NAR) CEO. We will profile those two (including Goldberg) and others as we confirm them. The recruiting process is being handled by a search firm and a small group of influential NAR members, […]
Seasonal home price declines and robust income growth have helped bolster California housing affordability, according to the California Association of Realtors’ Q1 affordability report. Thirty-two percent of buyers could afford to buy a median-priced ($496,620) home in Q1 — a 1 percentage point increase from Q4 2015. This is the 16th consecutive quarter that the […]
Simon L. Chen Last July, ERA Real Estate got a new leader at its helm when Sue Yannaccone stepped into Charlie Young’s shoes as CEO. As the ERA COO, Yannaccone was well-positioned to take over, but she hasn’t had a COO herself to help support her in the executive role. Now she’s got a right hand in […]
Facebook ads can be a potent source of homebuyer and seller leads, and Realtors will go to great lengths and creative means to scoop them. PropertySimple is one of the latest marketing products designed to help real estate agents tap the social media site — and others — for business. The startup recently raised $3 million in funding from investors including Magma Partners, […]
Your story is the locus around which all your marketing efforts spin — and master storyteller (and marketer) Kindra Hall is just one of many experts poised to help you launch your real estate marketing to new heights at the Marketing Intensive Track, part of the programming at Inman Connect San Francisco, running August 7 […]
We’ll add more market news briefs throughout the day. Check back to read the latest. News from this week Monday, May 15 NAHB (National Association of Home Builders) Housing Market Index Builder confidence in the market for newly-built single-family homes rose two points in May to a level of 70 on the National Association of […]
How do you build and grow your business in a down market? What can you learn from the people who are succeeding in your field? Top 3 expert tips for getting the business you want Figure out what you really enjoy about real estate, and look for ways to outsource everything else. Know your hourly worth, and look […]
The immense growth in the use of mobile technology, specifically consumer-facing real estate technology, means change for Realtors when it comes to communication, research and reporting for mobile-first clients. A recent data report by analytics firm Flurry revealed that the average U.S. smartphone user spends five hours per day on a mobile device, a 20 […]
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